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Results (10,000+)
Jonathan Sher St. Louis, MO
5 March 2024 | 199 replies
@Frankie Woods Thanks for the reply and for your service to our country!
Ryan Leake Trying to make sense of residential STR regulations in Austin, TX? Here's what I know
2 March 2024 | 3 replies
The license application process can be completed online or by mailing the necessary documents to the Austin Code Department.
Keith Hoffman II ISO Tax & Legal Professionals
3 March 2024 | 5 replies
Services I am looking to get help with are business entity creation, tax planning, asset protection and tax prep.   
Brian Stampe Zoning battle on nonconforming before code went into effect
4 March 2024 | 1 reply
The code states, "A separate and independent building sewer service line shall be provided for every permitted use, home or residence per lot."
Emily Anderson Full STR analysis in Okaloosa Island, Florida, WITHOUT using AirDNA.
4 March 2024 | 18 replies
For further details on this parameter, please consult our user guide.We have allocated a budget of $15,000 for renovations / refurbishments.The purchase price of a 2-bedroom / 2-bathroom unit in this area is $498,000, with 5% of this price allocated for closing costs.A turnover cost of $175 per booking has been factored in, with no rental management fee assumed, indicating that you will manage bookings and cleaning services independently.The mortgage rate is set at a fixed 7% per year, with an 80% loan-to-value ratio (LTV) and a 20-year term.For the remaining parameters in our financial model, please refer to the image above.Taking these values into account, below are the results of the financial case study.Some insights:The results show the anticipated performance of a 2-bedroom / 2-bathroom unit in the southwestern area of Okaloosa Island, Florida.Expected gross revenue amounts to $78,240, derived from 47 bookings with an average stay of 5 days at an average daily rate of $325 (inclusive of cleaning fees).Total yearly expenses add up to $68,014, encompassing various costs from private mortgage insurance (PMI) to property taxes and annual loan repayments.The cash required for this deal totals $139,550, incorporating the 20% down payment for the mortgage, 5% closing costs, and the $15,000 renovations budget.Pre-tax net revenue stands at $10,226, representing a 7.33% cash-on-cash (CoC) return.The annual return on investment (ROI) is 1.9%, excluding value appreciation.
Season Price Bringing on a dedicated caller to take a little off my "plate"
3 March 2024 | 4 replies
Do any of you have any recommendations for a GOOD company that offers calling services, or a VA company I can hire from with minimal training needed while I am building training strategy for an in-house hire?
Corinne Faivre Hold or sell?
4 March 2024 | 6 replies
You won't really get much service from a realtor except exposure of your property2.
Ruchir Kaul General Contractors in Indianapolis
3 March 2024 | 9 replies
They are full service with reasonable rates.
Patrick Laffey Tenants wants to add 3rd tenant to 1br unit
2 March 2024 | 2 replies
Do a complete application and background check on new guy. 
Justin Goodin LTC vs. LTV – What’s the difference between the two?
3 March 2024 | 1 reply
In this example, I didn’t include any CapEx costs and the loan is 75% of the value.LTCWith a LTC structure, the lender is willing to lend funds as a percentage of the underlying asset’s purchase price plus renovation/repair costs (project cost).LTC financing is generally viewed as favorable for the borrower albeit, riskier, due to higher leverage, less debt service coverage, and renovation risk in the form of underbudgeting.LTC = Loan Amount / Project CostsMost often, lenders are willing to offer LTC terms structured as a bridge loans.